Business and Economy (Page 40)

7UP®, recently launched its super-duper refreshing summer campaign featuring brand ambassador and superstar Rashmika Mandanna. The film showcases Rashmika’ s experience with 7UP® as it brings alive the brand’s new positioning ‘Super Duper Refresher’ across Sri Lanka. Opening on a sunny, sweltering day, the new film features Rashmika requesting aContinue Reading

DIMO took home the Silver Trophy in the Vehicle Servicing category at the Presidential Environment Awards 2021-2022, which was held recently. The award was presented to the DIMO Logistics Centre, Weliweriya, for their outstanding contribution towards environmental conservation. DIMO Logistics Centre adopts various conservation practices to minimize its impact onContinue Reading

Sri Lankan Web3 and blockchain firm, HyperGlade, announced it has raised USD 350,000 in funding from Silicon Valley investor Tim Draper’s venture capital firm, Draper Associates, as a part of their seed investment round. The investment reinforces HyperGlade’s innovative Web3 migration solutions for Web2 firms and highlights the potential ofContinue Reading

Total Investment of LKR 4 billion in its journey of nourishing a million Sri Lankan lives  Reinforcing its commitment to the nation, Unilever Sri Lanka, an organisation that has been deep-rooted in Sri Lanka over the past 85 years, has embarked on a journey to localise the production of itsContinue Reading

The Sri Lanka Retailer’s Association (SLRA) held its 6th Annual General Meeting at the Colombo on the 25th of April 2023 at Hilton Residencies. The event was attended by members of the SLRA, and Mr. Vish Govindasamy, Chairman Chamber of Commerce and Group Managing Director of Sunshine Holdings PLC asContinue Reading

Amidst 75 years of political failures and growing public alienation, a new generation of leaders launched the United Centenary Front on Saturday, April 29th, at the Sugathadasa Indoor Stadium, offering a direct solution to Sri Lanka’s current crises. This momentous occasion marks the culmination of a four-year journey traversing allContinue Reading

DIMO’s agriculture arm, DIMO Agribusinesses is now fully equipped to enhance the local agriculture sector with modern and SMART technologies, including micro-irrigation solutions and protected cultivation systems, covering every part of the country. DIMO Agribusinesses, partnered with Rivulis and Eurodrip, leading global micro-irrigation solutions providers, to establish SMART micro-irrigation solutionsContinue Reading

Sri Lanka with its transcendent beaches and beautiful mountain ranges is vastly considered to be one of the world’s top tourist destinations.  Tourism contributes a significant % (12.6% in 2018) to Sri Lanka’s GDP, and the businesses across the sector are struggling significant drops in tourist numbers.  There has beenContinue Reading

Bitcoin was the first decentralized cryptocurrency created and is now the most traded and well-known, both among crypto-enthusiasts as well as the general public. Without the creation of Bitcoin, the cryptocurrency space would not be what it is today. This is why we have been conducting research into the futureContinue Reading